3 ms·
And what is the breakdown on that? What's actually costing the banks that much?
by supermarine 9y ago
And what is the breakdown on that? What's actually costing the banks that much?
- rbcgerard 9y agoI don’t know the breakdown, but it’s: banking software, mailed account statements, debit cards, phone support centers, websites, bank branches, compliance, ATM networks, check processing etc. Obviously some of these costs scale very cheaply, but there is quite a bit that goes into a modern bank account+ some customers are costlier than others (lost of call center calls/lost debit cards for example)